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Inflation in the Eurozone is at its lowest level in three and a half years

Annual inflation in the Eurozone fell to 1.8% in September compared to 2.2% in August, thus the lowest rate recorded since April 2021, according to the rapid assessment of the statistical department of the European Union ” Eurostat” published on Tuesday.

According to this data, the biggest increase compared to the ninth month of 2023 was the price of services, which went up 4% after the 4.1% increase recorded in August.

The prices of food, alcohol and tobacco products increased by 2.4% in August compared to this month last year, which follows a 2.3% increase in the previous month.

In September, the increase in non-energy industrial goods prices in the 20-nation Eurozone was the same as in August, or 0.4%.

Energy prices in the euro area decreased by 6% in this period after the 3% fall recorded in August.

2024-10-01 19:31:22
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